Middlesex Savings Bank
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Middlesex Savings Bank
Middlesex Savings Bank is a Massachusetts bank headquartered in Natick, Massachusetts, and founded in 1835. It is the largest mutual bank in Massachusetts with more than $5.7 billion in assets and 32 branches in the western Boston suburbs. History The Middlesex Institution for Savings was founded on March 4, 1835 in Concord, Massachusetts Concord () is a town in Middlesex County, Massachusetts, in the United States. At the 2020 census, the town population was 18,491. The United States Census Bureau considers Concord part of Greater Boston. The town center is near where the conflu .... Natick Five Cents Savings Bank was founded in 1859. Medway Savings Bank was founded in 1871. References External links *{{official website, http://www.middlesexbank.com/ 1835 establishments in Massachusetts Banks based in Massachusetts Mutual savings banks in the United States Banks established in 1835 ...
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Natick, Massachusetts
Natick ( ) is a town in Middlesex County, Massachusetts, United States. It is near the center of the MetroWest region of Massachusetts, with a population of 37,006 at the 2020 census. west of Boston, Natick is part of the Greater Boston area. Massachusetts's center of population was in Natick at the censuses of 2000-2020, most recently in the vicinity of Hunters Lane. Name The name ''Natick'' comes from the language of the Massachusett Native American tribe and is commonly thought to mean "Place of Hills." A more accurate translation may be "place of ursearching," after John Eliot's successful search for a location for his Praying Indian settlement. History Natick was settled in 1651 by John Eliot, a Puritan missionary born in Widford, England, who received a commission and funds from England's Long Parliament to settle the Massachusett Indians called Praying Indians on both sides of the Charles River, on land deeded from the settlement at Dedham. Natick was the first of E ...
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Massachusetts
Massachusetts (Massachusett language, Massachusett: ''Muhsachuweesut [Massachusett writing systems, məhswatʃəwiːsət],'' English: , ), officially the Commonwealth of Massachusetts, is the most populous U.S. state, state in the New England region of the Northeastern United States. It borders on the Atlantic Ocean and Gulf of Maine to the east, Connecticut and Rhode Island to the south, New Hampshire and Vermont to the north, and New York (state), New York to the west. The state's capital and List of municipalities in Massachusetts, most populous city, as well as its cultural and financial center, is Boston. Massachusetts is also home to the urban area, urban core of Greater Boston, the largest metropolitan area in New England and a region profoundly influential upon American History of the United States, history, academia, and the Economy of the United States, research economy. Originally dependent on agriculture, fishing, and trade. Massachusetts was transformed into a manuf ...
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Banking
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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Concord, Massachusetts
Concord () is a town in Middlesex County, Massachusetts, in the United States. At the 2020 census, the town population was 18,491. The United States Census Bureau considers Concord part of Greater Boston. The town center is near where the confluence of the Sudbury and Assabet rivers forms the Concord River. The area that became the town of Concord was originally known as Musketaquid, an Algonquian word for "grassy plain." Concord was established in 1635 by a group of English settlers; by 1775, the population had grown to 1,400. As dissension between colonists in North America and the British crown intensified, 700 troops were sent to confiscate militia ordnance stored at Concord on April 19, 1775.Chidsey, p. 6. This is the total size of Smith's force. The ensuing conflict, the battles of Lexington and Concord, were the incidents (including the shot heard round the world) that triggered the American Revolutionary War. A rich literary community developed in Concord during the ...
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1835 Establishments In Massachusetts
Events January–March * January 7 – anchors off the Chonos Archipelago on her second voyage, with Charles Darwin on board as naturalist. * January 8 – The United States public debt contracts to zero, for the only time in history. * January 24 – Malê Revolt: African slaves of Yoruba Muslim origin revolt in Salvador, Bahia. * January 26 – Queen Maria II of Portugal marries Auguste de Beauharnais, 2nd Duke of Leuchtenberg, in Lisbon; he dies only two months later. * January 26 – Saint Paul's in Macau largely destroyed by fire after a typhoon hits. * January 30 – An assassination is attempted against United States President Andrew Jackson in the United States Capitol (the first assassination attempt against a President of the United States). * February 1 – Slavery is abolished in Mauritius. * February 20 – 1835 Concepción earthquake: Concepción, Chile, is destroyed by an earthquake; the resulting tsunami destroys the neighboring city of Talcahuano. * Ma ...
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Banks Based In Massachusetts
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Mutual Savings Banks In The United States
Mutual may refer to: *Mutual organization, where as customers derive a right to profits and votes *Mutual information, the intersection of multiple information sets *Mutual insurance, where policyholders have certain "ownership" rights in the organization *Mutual fund, a professionally managed form of collective investments *Mutual Film, early American motion picture conglomerate, the producers of some of Charlie Chaplin's greatest comedies *Mutual Base Ball Club (1857-1871), defunct early baseball team usually referred to as "Mutual" in the standings. *Mutual Broadcasting System, a defunct U.S. radio network * Mutual Improvement Association, the name of two youth programs run by the Church of Jesus Christ of Latter-day Saints *Mutual authentication, used in cryptography *"Mutual", a 2018 song by Shawn Mendes from ''Shawn Mendes'' ;Place names *Mutual, Maryland, a community in the United States *Mutual, Ohio, a village in the United States *Mutual, Oklahoma, a town in the United St ...
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